Global Lead, Accounting Product Suite

About Northern Trust

As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions.

Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide.

With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Global Lead, Accounting Product Suite

Summary:

The Accounting Product Lead is accountable for the strategy and evolution of the global accounting product suite, including portfolio accounting, daily unitization, plan allocation, and related capabilities.

This management role serves as the single point of accountability across the enterprise, driving client value, commercial performance, and modernization while aligning Product, Technology, Operations, Finance, Risk, and senior leadership stakeholders.

The key responsibilities of the role include:

Asset Servicing Product Ownership

• Own the global portfolio of accounting products and capabilities

• Define product vision, strategy, and multi-year roadmap

• Integrate accounting, data, reporting, and service capabilities into cohesive client solutions

Strategic Leadership

• Define market positioning, value proposition, and competitive differentiation

• Lead industry analysis and innovation, including modernization initiatives

• Represent the organization in client engagements and external industry forums

Stakeholder Engagement and Enterprise Alignment

• Align Product, Technology, Operations, Finance, Risk, and Compliance stakeholders

• Engage senior leadership to drive strategy, prioritization, and decision making

• Partner with Sales and Relationship teams to shape client solutions

Commercial and Financial Leadership

• Own pricing strategy with accountability for product P&L and financial performance

• Lead capital planning, investment prioritization, and business case development

• Drive revenue growth through a competitive and market-relevant product strategy

Execution and Governance

• Sponsor delivery across all stages of the product lifecycle

• Ensure adherence to governance, risk, and control frameworks

• Manage cross-functional dependencies, execution risks, and outcomes

The successful candidate will benefit from having:

Leadership Profile

• Strong enterprise leadership presence with the ability to influence at senior levels

• Proven ability to align complex, matrixed organizations

• Strategic mindset combined with strong execution focus

Skills and Qualifications

• Extensive financial services experience, including significant product management experience

• Deep accounting expertise, with experience in Defined Contribution plan structures preferred

• Proven experience managing global product portfolios with P&L accountability

• Strong commercial acumen and understanding of market dynamics

• Excellent stakeholder management and communication skills

#LI-MG1

#Hybrid

Salary Range:

Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.

Work Authorization

Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).

Working with Us

As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve.

Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities.

Reasonable Accommodation

Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [email protected], or alternatively you can discuss your individual requirements with the recruiter you are working with.